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In every contract, CAI seeks a 2 5 % advance payment which is non - refundable in case the buyer cancels the contract soon after
In every contract, CAI seeks a advance payment which is nonrefundable in case the buyer cancels the contract soon after signature. While negotiating with the buyer, CAI had to remove the "nonrefundable" clause. Which of the following could CAI request from the buyer to help warrant the advance payment it will need to pay?
A Letter of guarantee
B Documentary letter of credit at sight
C Red clause letter of credit
D Confirmed letter of guarantee
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